{"id":30022,"date":"2023-12-21T13:00:38","date_gmt":"2023-12-21T07:30:38","guid":{"rendered":"https:\/\/blog.researchandranking.com\/?p=30022"},"modified":"2023-12-21T15:28:17","modified_gmt":"2023-12-21T09:58:17","slug":"5-stocks-riding-the-indian-railways-1tn-revamp","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/5-stocks-riding-the-indian-railways-1tn-revamp\/","title":{"rendered":"5 Stocks Riding the Indian Railways 1Tn Revamp"},"content":{"rendered":"
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The Indian Railways (IR) is on track to invest \u20b91 trillion in acquiring new trains over the next few years. Wonder who will benefit from this upgrade? The 7 billion passengers whom the Indian Railways aims to ferry annually. <\/p>\n\n\n\n

These are the Indians for whom trains were never a mode of transportation but emotion. Who settled in the cushy seat with Tinkle comics, listening to the tinkling sound of openers running against cola bottles. Many also waited in anticipation of the train ticket being confirmed. <\/p>\n\n\n\n

From the days of going to the reservation counter to booking tickets on the phone, the page timing out has replaced long queues, but the waiting list remains.\u00a0<\/p>\n\n\n\n

However, Union Railways Minister Ashwini Vaishnaw states that the investment will cater to the growing demands and end the waiting list in the long run.\u00a0Besides the passengers, will this investment also mean a ticket to profits for investors considering investing in the railway sector?\u00a0<\/p>\n\n\n\n

Changing Tracks for Efficiency <\/strong><\/h2>\n\n\n\n

The Indian Railways aims to ferry seven billion passengers annually and increase it to 10 billion by 2030. As passenger travel shoots up, so do the railway\u2019s efforts. Union Railways Minister Ashwini Vaishnaw states that the investment will cater to the growing demands and end the waiting list in the long run. <\/p>\n\n\n\n

Going the Extra Mile<\/strong><\/h2>\n\n\n\n

While the Railways plan to acquire 7,000-8,000 new train sets over the next 15 years, the travel sector may also become the 5th largest outbound travel market by 2027. The railways boast 10,754 trips daily, with a plan to bump it up by 3,000 more. Part of the project is closing 5,500 to 6,000 kilometers of new tracks, 16 kilometers a day, by the end of FY 2023\u20132024.<\/p>\n\n\n\n

As tracks free up, travelers can expect passengers and goods trains to move faster. <\/p>\n\n\n\n

5 Companies that Will Steam Ahead<\/strong><\/h2>\n\n\n\n

In the wake of this massive fund allocation, you can \u2018train\u2019 your eyes on the companies that will reap the rewards. Here\u2019s a rundown\u2026<\/p>\n\n\n\n

Business in Numbers for the Five Top Players in the Railway Sector<\/strong><\/h3>\n\n\n\n
Company <\/strong><\/th>Market Cap (INR Billion) – Sep 2023<\/strong><\/th>Net Profit Margin (INR Crores) – Sep 2023<\/strong><\/strong><\/th>Current Share Price (INR)<\/strong><\/strong><\/th><\/tr>
Rail Vikas Nigam (RVNL)<\/a><\/th>362.68<\/th>8.02%<\/th>173.90<\/th><\/tr>
IRCTC<\/a><\/th>687.34<\/th>29.61%<\/th>857.80<\/th><\/tr>
Titagarh Rail Systems<\/a><\/th>138.02<\/th>7.55%<\/th>1,025.05<\/th><\/tr>
Texmaco Rail<\/a><\/th>64.21<\/th>3.06%<\/th>167.50<\/th><\/tr>
Indian Railway Finance Corporation (IRFC)<\/a><\/th>1.26 trillion<\/th>97.75%<\/th>96.15<\/th><\/tr><\/thead><\/table><\/figure>\n\n\n\n

Rail Vikas Nigam (RVNL)<\/strong><\/h2>\n\n\n\n

Starting its journey in 2003, RVNL is executing diverse railway infrastructure projects assigned by the Ministry of Railways (MoR).<\/p>\n\n\n\n

Its portfolio includes: <\/p>\n\n\n\n